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Use the information below to answer the following questions. Instructions: Round your answers 2 decimal places. Real GDP Year 1 Population Year 1 Real GDP

Use the information below to answer the following questions. Instructions: Round your answers 2 decimal places. Real GDP Year 1 Population Year 1 Real GDP Year 2 Population Year 2 $280,000.00 54.00 $294,056.00 54.57 Question 1: What is the growth rate of real GDP between year 1 and 2? % Question 2: What is GDP per capital in Year 1? $ What is GDP per capita in Year 2? $ Question 3: What is the growth rate in real GDP per capital between Year 1 and 2? % Question 4: Usinig the rule of 72, how many years will it take real GDP to double? years

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